Forecasting of sports apparel company

Assignment Help Basic Statistics

Reference no: EM1394921

Forecasting: The sales data for the lone star Sports Apparel Company for the last 12 years are as follows:

2001 $400,000

2002 440,000

2003 480,000

2004 518,000

2005 554,000

2006 587,000

2007 617,000

2008 654,000

2009 700,000

2010 756,000

2011 824,000

2012 906,000

Questions:

a. What is the 2001- 2012 compound growth rate?

b. Using the result obtained in part a, what is your 2013 projections?

c. If you were to make your own projections, what would you forecast?

Reference no: EM1394921

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